 |
EUR/USD raises sharply to near 1.0500 as upbeat Eurozone preliminary PMI data for January has strengthened the Euro. The ECB is widely anticipated to cut its Deposit Facility rate by 25 bps to 2.75% on Thursday. Trump’s call on immediate rate cuts and his soft tone for China have weighed heavily on the US Dollar. submitted by /u/Demblin |
EUR/USD strengthens on upbeat Eurozone flash PMI data, soft US Dollar
![[link]](https://i.redd.it/yhab3wgd1yee1.jpeg){kind=link}
Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!
Share the Post:
Related Posts
President Trump to fire all IRS agents hired under Biden’s 88,000 hiring plan or “send them to the border.”
submitted by /u/XGramatik [link] [comments]